News & Analysis

Economy, 2024 Election Ed Orazem Economy, 2024 Election Ed Orazem

The Question of Inflation

There is a lot of disinformation swirling about the cause of inflation. One of the most perplexing aspects of this to me is that of all common targets for blame (government spending, supply chain problems, business monopolies), one, and in my view the most important one, is left out: Federal Reserve policy.

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2020 Campaign, Economy, Trade, 2024 Election ed orazem 2020 Campaign, Economy, Trade, 2024 Election ed orazem

Does Anyone Believe in Free Trade?

The Democratic presidential candidates have vigorously criticized President Trump for his imposition of tariffs on China, arguing that they have unfairly hurt farmers, producers, and cost jobs. And yet, when asked specifically during the September 10 debate whether they would lift them “on day one,” they all ducked or said no. Specifically, Mayor Buttigieg said he would have “a strategy that includes the tariffs as leverage.” Why is free trade so hard to support? Let’s try to be fact-based and rational.

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